Tier-2/3 Cities: Key to Digital Boom in Union Budget 2026

The countdown to Union Budget 2026-27 is on, with less than two weeks remaining, prompting experts to propose game-changing ideas for job-rich growth. Speaking to IANS, Sanjeev Kumar Gupta from Karnataka Digital Economy Mission stressed that MSMEs in Tier-2 and Tier-3 cities must embrace technology swiftly through budget allocations.

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Karnataka Backs Mangaluru’s Workspace Ecosystem with ₹1.93 Crore Grant Under Beyond Bengaluru Mission

Karnataka has taken a significant step in strengthening its regional innovation ecosystem by releasing a grant of ₹1.93 crore to Vertex Workspace in Mangaluru under the state’s Beyond Bengaluru mission. The funding marks one of the first and largest support initiatives extended to a managed workspace operator outside Bengaluru, reinforcing the government’s focus on decentralising growth and building strong technology and enterprise hubs across Tier-2 cities. The grant was facilitated by the Karnataka Digital Economy Mission (KDEM), which is spearheading the state’s strategy to expand the digital economy beyond the capital.

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Karnataka Approves ₹6,350 Cr Data Centre Investment Proposals

Karnataka has attracted new industrial investment proposals worth ₹1.53 lakh crore in the 11 months following the Global Investors’ Meet (GIM) held in February last year, Minister for Large and Medium Industries M B Patil said on Saturday. The investments are over and above the commitments secured during the GIM. Ahead of his visit to the Davos economic summit as part of a high-level state delegation, Patil said the government’s investment outreach was a continuous process and not limited to the investors’ meet. He said leading companies had shown interest in sectors, including manufacturing, renewable energy, data centres and global capability centres (GCCs). The proposals are expected to be submitted to Karnataka Udyog Mitra shortly, after which approvals will be processed expeditiously. Of the total proposed investments, ₹66,293 crore is in manufacturing and industry, ₹20,913 crore in wind and solar power generation, ₹12,500 crore in GCCs, and ₹6,350 crore in data centres, he said.

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India Expands Indigenous Chip Design Capabilities via C2S

India is actively strengthening its position in the global semiconductor landscape by investing heavily in chip design capabilities. The Chips to Start-up (C2S) Programme, launched by the Ministry of Electronics and Information Technology (MeitY) in 2022, is a central part of this effort. With the global semiconductor market projected to approach USD 1 trillion by 2030 and a worldwide shortage of over 1 million skilled professionals expected by 2032, India is seizing the opportunity to build indigenous expertise in a sector where it already has significant strength.

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MP Poised to Become Next IT Hub with Talent & Location Edge: HCLTech

HCLTech’s Abhay Chaturvedi expressed strong optimism about Madhya Pradesh’s potential to become a significant technology and AI hub. He highlighted the state’s large pool of skilled professionals, strategic central location, and improving infrastructure as key strengths. While acknowledging MP is currently behind states like Karnataka, he believes the gap can be bridged quickly with the right push. The discussion also covered how AI can propel national initiatives like ‘Make in India’ and HCLTech’s interest in expanding its footprint in the state.

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